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Russian Tycoon’s Superyacht Sails Into A $3.7 Billion Family Feud

Published by: dailynews
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The world’s second-largest sailing superyacht worth hundreds of millions of dollars, a dead Russian billionaire accused of a sprawling fraud and his disputed wills fall at the heart of a bitter family feud playing out at a London court.

Late cement and oil tycoon Oleg Bourlakov’s widow Loudmila Bourlakova and their daughter are seeking about $1.2 billion in the UK from his sister and brother-in-law. Bourlakova alleges that a massive fraud using sham documents and fictitious loans deprived her from a fair share of her husband’s $3.7 billion fortune after their marriage broke down in 2018, according to London court filings.

Bourlakov died of Covid-19 in 2021 at age 71. He left behind a trail of disputes over his wealth in over half a dozen countries, including a divorce case in Monaco and a Russian paternity suit, the documents detail.

Read the full story on Bloomberg here.